Excise credit

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

24 November 2012 We have a factory and depots all over india.

Last year 2011 -from Chennai depot,a material has been supplied to a customer,

Now the customer has returned this material as rejected in this year directly to my factory as my Chennai Depot has been closed.

Can i take claim for the credit. if not how can i update in my system

Its urgent.....

Arun Kumar Singh

Arun Kumar Singh (Expert)
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29 November 2012 depend upon the products. you can take the cenvat credit on that material as a input after reprocessed cleared the goods on payment of excise duty.

Querist : Anonymous

Querist : Anonymous (Querist)

01 December 2012 My Question is can i avail the credit

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Arun Kumar Singh

Arun Kumar Singh (Expert)
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01 December 2012 Except ready made garment any input return to the factory premises you can avail the cenvat credit.